Trump pledges lower interest rates, but Fed independence limits control
President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, economic experts point out that mortgage and loan rates are set by broader financial markets and long-term risks like inflation,
Later he added," Not permitted under the law." Trump became very critical of Powell toward the end of his first term in ...
Donald Trump's presidential win boosts crypto sector. Wall Street eyes related stocks in friendlier regulatory landscape.
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